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Technology Stocks : QUANTUM
QNTM 8.720-7.0%Dec 24 12:58 PM EST
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To: Dale J. who wrote (5087)11/18/1997 1:42:00 PM
From: David Walton  Read Replies (6) of 9124
 
ANYONE, For QNTM to fall like this the institutions must be selling. They have access to the same information that we do, i.e. qntm's DLT business is going to grow at 100% next year and the stock has a price target of around $50. Why is it then that people (money managers) who have at least as much information as we do and probably a lot more are continuing to sell this stock in light od its recent decline? Why is it that when WDC announces bad new qntm drops twice as much it just makes no sense to me. It is hard to invest in an environment where logic makes no sense at all.

Thanks, david
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